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Section 8 Company Registration

Section 8 company helps you setup an NGO to help people. It is ideal business structure for NGO’s and Non Profit Organizations. Register your Section 8 company with our best quality and highly professional services, available at the most reasonable prices.

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Section 8 Company

Key Highlights:-

Pricing

(Simple & Clear Pricing. No Hidden Charges)

Basic
Includes essential services required for setting up a Section 8 company
24000
12999
  • Two Digital Signature
  • DIN For Two Directors
  • Name Approval of Company
  • Memorandum of Association
  • Company e-PAN & TAN
Advance
Perfect for startups to start operations immediately after setting up of the firm.
33000
19999
  • Everything of Basic Pack +
  • Dedicated Relationship Manager
  • INC 20A (Commencement Filing)
  • GST Registration
  • MSME Registration
Popular
Pro
Ultimate pack for incorporation of a section 8 company with no worries for six months.
56000
35499
  • Everything from Advance Pack +
  • Minutes of 1st Board Meeting
  • Issue of Share Certificate
  • 6 Months GST Return Filing
  • 6 Months TDS Return Filing

Section 8 Company Registration

(All you need to know)

The concept of such companies was introduced in Companies Act 1913 that permitted companies with charitable objects etc. to be registered without the words ‘Limited’ or ‘Private Limited’. Section 8 continues to provide for restriction on application of profits and permits the same only for the purpose for which the company is promoted, prohibits declaration of dividend, continues to permit partnership firms to be a member of section 8 companies etc. 2013. Act elaborates on the objects for such companies and specifies objects like sports, education, research, social welfare and protection of environment for which the Companies can be formed under this section.

Key Highlights

Ideal business structure for NGO’s and Non Profit Organization
Tax exemptions
No minimum capital requirements
No stamp duty require
Easily gathering donations
Easily manage due to several privileges

Checklist for Section 8 Company Registration

Documents Required for Section 8 Company Registration

Following Documents are required for Section 8 Comapany :-

Following Information are Required

Procedure for obtaining Section 8 Company registration

Taxtorium can help you in obtaining Section 8 Company Registration in India. All you need to do is place an online order with us and we shall help you start it in no time. Your order shall be processed by our highly qualified team who shall ensure that the best quality services are provided to you. As mentioned earlier, our process of private limited company registration is completely online so there is no need for you to visit our office. Please do contact us for any clarifications you need.

Documentation

Once we receive your request an expert reaches you, explains the whole process, and collects the necessary documents. The documents can be submitted online through our Taxtorium website.

Name approval of Company

We can apply for two proposed names and one Resubmission while Reserving Unique Names for companies through the RUN web service. In case the name gets rejected after resubmission, a fresh application is needed to be made.

Application for DSC

In parallel to this the process to obtain the Digital Signature Certificate of the applicant begins. Once the DSC is applied, the applicant has to complete the OTP Verification or the video KYC check.
Documents Need :- Aadhar Card, Pan Card, Photo, Email Id, Phone Number

Application for DIN number

It is a unique identification number of the director issued by the Registrar of the companies for becoming a director in India. If the proposed director already has an approved DIN then that will be used and if the proposed director does not have an approved DIN then DIN will be approved simultaneously with Registration of company.

Application for Registration

For Incorporation Form INC. 32 is to be filed with the Registrar which contains the following :

  1. SPICe+ Part-A (if name approval not taken through the RUN web service) for the name approval.

  2. SPICe+ Part-B in which details of incorporation are filled along with attachments mentioned below :
    - Utility Bill not older than 2 months along with NOC from the Owner of Premises whose name is mentioned on the Bill
    - Pan Card, Identity Proof and Residential Proofs of all Directors and Subscribers (Self attested copies).
    - Consent of Proposed Directors to act as director of the company in form DIR-2.
    - Declaration for Non-acceptance of Deposits

  3. After the SPICe+ Part B is completed all other Form i.e. MOA, AOA, AGILEPRO and INC-9 become available.

  4. AGILE-PRO-S is the recent arrangement under which a company is given an opportunity to apply for various other compliances together with company registration Like Goods and Service Tax Identification Number (GSTIN), Employee State Insurance Corporation (ESIC) registration, Employees' Provident Fund Organization (EPFO) Registration and Profession Tax Registration, Opening of Bank Account and Shops and Establishment Registration Number.

  5. Declaration from the subscriber and first directors in Form INC-9 that he/she has not been convicted under any act and has not been found guilty of any offence and has made all the Compliances with respect to filing of all the respective documents with ROC.

Issuance of Certificate of Incorporation

On verifying the Registrar of Companies will issue the Certificate of Incorporation and the business can be commenced.

More Question? A specialist is here to help

Call us at: +91 820 956 9514 or
Email us: info@taxtorium.com

Frequently Asked Questions

Can a Section 8 Company be Listed?

A Section 8 company cannot be listed since its purpose is to not to generate profit – an aspect a listed company has to adhere to.

Can a Section 8 company raise Foreign Funding?

Foreign donations are allowed only when FCRA (Foreign Contribution Regulation Act 1976) registration has been done. FCRA license can only be applied after 3-years from the date of registration. However, if some really urgent foreign donations are necessary, then you may apply for a prior permission from the commissioner.

What are the tax benefits that a section 8 company can have?

A Section 8 company can avail a number of tax benefits, including:

  1. Reduced Stamp Duty compared to other types of businesses
  2. Income Tax exemption for donors under Section 80 G of the Income Tax Act
  3. If a Section 8 company is registered under Section 12 AA of the Income Tax Act, its profits shall be 100% exempted from Income Tax liabilities.

Can a section 8 company receive donations?

Yes, a section 8 company can receive donations in India.

Which is better between society trust and section 8 company?

It all depends on your purpose. However, in most instances, a section 8 company is a much better choice.

Can a Trust become a member or shareholder of a Section 8 Company?

Yes, only if it is a registered trust. An unregistered trust cannot become a member of the section 8 company.

Can a Section 8 Company do business?

A section 8 company only exist to conduct not for profit activities. Thus, no, a section 8 company can’t do business

Start Your Section 8 Company Firm Easily

We have packages starting Rs. 12999/-